Nationwide Fund Advisors Acquires Shares of 70,800 Liberty Interactive Corporation (QVCA)
Nationwide Fund Advisors acquired a new stake in Liberty Interactive Corporation (NASDAQ:QVCA) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 70,800 shares of the company’s stock, valued at approximately $1,669,000.
Other large investors have also recently made changes to their positions in the company. Toronto Dominion Bank increased its stake in Liberty Interactive by 18.2% in the second quarter. Toronto Dominion Bank now owns 5,378 shares of the company’s stock valued at $132,000 after acquiring an additional 829 shares during the last quarter. Fiduciary Trust Co. bought a new position in Liberty Interactive in the second quarter valued at approximately $144,000. South Street Advisors LLC bought a new position in Liberty Interactive in the second quarter valued at approximately $231,000. Boston Private Wealth LLC bought a new position in Liberty Interactive in the second quarter valued at approximately $261,000. Finally, BT Investment Management Ltd bought a new position in Liberty Interactive in the second quarter valued at approximately $297,000. 97.02% of the stock is currently owned by institutional investors and hedge funds.
QVCA has been the topic of a number of recent analyst reports. ValuEngine cut shares of Liberty Interactive from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Zacks Investment Research raised shares of Liberty Interactive from a “sell” rating to a “buy” rating and set a $25.00 price objective on the stock in a research note on Tuesday, October 10th. B. Riley reissued a “buy” rating on shares of Liberty Interactive in a research note on Thursday, November 2nd. UBS Group raised their target price on shares of Liberty Interactive from $27.00 to $28.00 and gave the company a “buy” rating in a research report on Friday, November 10th. Finally, Aegis raised their target price on shares of Liberty Interactive from $34.00 to $35.00 and gave the company a “buy” rating in a research report on Friday, November 17th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and nine have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $29.50.
Shares of Liberty Interactive Corporation (QVCA) opened at $26.18 on Monday. Liberty Interactive Corporation has a 52-week low of $17.24 and a 52-week high of $26.79. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.18 and a quick ratio of 0.73. The firm has a market cap of $15,960.00, a P/E ratio of 23.59, a price-to-earnings-growth ratio of 1.69 and a beta of 1.33.
In other news, Director Mark C. Vadon sold 125,000 shares of Liberty Interactive stock in a transaction on Tuesday, October 10th. The shares were sold at an average price of $22.12, for a total transaction of $2,765,000.00. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Mark C. Vadon sold 475,153 shares of Liberty Interactive stock in a transaction on Thursday, October 5th. The stock was sold at an average price of $23.46, for a total transaction of $11,147,089.38. The disclosure for this sale can be found here. Insiders sold 1,288,215 shares of company stock worth $29,575,678 in the last 90 days. Company insiders own 10.68% of the company’s stock.
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Liberty Interactive Profile
Liberty Interactive Corporation owns interests in subsidiaries and other companies, which are primarily engaged in the video and online commerce industries. Through its subsidiaries and affiliates, the Company operates in North America, Europe and Asia. Its principal businesses and assets include its subsidiaries QVC, Inc (QVC), zulily, llc (zulily) and and Evite, Inc (Evite).
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